Shares in Twitter jumped Thursday after the social media company said its revenue growth and user numbers exceeded forecasts in the latest quarter, though profit fell. Last year, Twitter started disclosing its daily user base — that is, users who log into the site at least once a day and see ads on the platform. The daily metric has replaced its monthly user count, which Twitter said it will no longer disclose. For the year as a whole, Twitter posted net income of $1.47 billion on revenue of $3.46 billion. For the current quarter, Twitter forecasts revenue to come in between $825 million and $885 million.

Source: thestar February 06, 2020 15:33 UTC